0 Spring Hill Dr Spring Hill, FL 34609
This exceptional 9.4-acre commercial land parcel presents a unique investment opportunity in the thriving Spring Hill, Florida market. Strategically located on Spring Hill Drive at the Suncoast Parkway, this property offers unparalleled visibility and accessibility. The site is already entitled for commercial development, significantly reducing time and costs associated with permitting. The land is comprised of two separate 0.9-acre parcels ideal for retail development, situated at the entrance to the bustling Barclay retail node, ensuring high foot traffic and strong potential for tenant occupancy. In addition to the retail parcels, a substantial 7.4-acre portion is entitled for self-storage development, allowing for the construction of approximately 120,000 square feet of self-storage units. This mixed-use potential maximizes the return on investment, offering flexibility and diversification. Located in Hernando County, Florida, with a zip code of 34609, this property boasts an enviable location with easy access to major transportation arteries, making it an attractive proposition for a wide range of commercial ventures. The asking price for this prime development site is $4,000,000. Broker co-op is available.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.